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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
MFS Municipal Income Trust (NYSE:MFM)
Strong Downtrend (-100) - MFM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MFM continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MFM?
MarketClub looks at technical strength and momentum to determine if the timing is right for MFM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MFM
The long-term trend has been DOWN since Apr 25th, 2024 at 5.06
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 5.25
The short-term trend has been DOWN since Apr 23rd, 2024 at 5.10
Smart Scan Analysis for MFM
Based on our trend formula, MFM is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.070 | 5.090 | 5.061 | 5.080 | +0.015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.065 | 56241 | 2024-04-26 15:58:27 |
| Year High | 6.95 | Year High Date | 2018-01-08 |
| Year Low | 6.04 | Year Low Date | 2018-10-31 |
| 52wk High | 5.48 | 52wk High Date | 2024-03-06 |
| 52wk Low | 4.37 | 52wk Low Date | 2023-10-27 |
| Year End Close | 7.62 | Average Volume | 83,771 |
| Shares Outstanding | 39,670 | % Institutional | 32.7 |
| Market Cap | 291M | Assets | 340,563,543M |
| Liabilities | 116,063,498M | P/E Ratio | 18.28 |
| Beta | 1.16 | Volatility | 11.71 |